File Download
  Links for fulltext
     (May Require Subscription)
Supplementary

Article: Intersectoral mobility and short-run labor market adjustments

TitleIntersectoral mobility and short-run labor market adjustments
Authors
KeywordsBusiness and economics
Labor and industrial relations
Issue Date1996
PublisherUniversity of Chicago Press. The Journal's web site is located at http://www.journals.uchicago.edu/JOLE
Citation
Journal Of Labor Economics, 1996, v. 14 n. 3, p. 454-471 How to Cite?
AbstractThis article presents a model of labor market adjustments as a sequential process of reallocation among various market and nonmarket sectors. Training costs introduce friction into the process, while fixed costs of working limit work sharing, resulting in unemployment. Adjustments in sectoral labor market variables to demand shocks can follow very different patterns, depending on relative demands and the expected duration of the shocks. In particular, a permanent boom in a sector may result in an initial increase in unemployment and reduction in working hours even as employment increases, reflecting contemporaneous substitution between the margins and intertemporal substitution in recruitment.
Persistent Identifierhttp://hdl.handle.net/10722/43533
ISSN
2015 Impact Factor: 3.214
2015 SCImago Journal Rankings: 5.631
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorChan, Wen_HK
dc.date.accessioned2007-03-23T04:48:11Z-
dc.date.available2007-03-23T04:48:11Z-
dc.date.issued1996en_HK
dc.identifier.citationJournal Of Labor Economics, 1996, v. 14 n. 3, p. 454-471en_HK
dc.identifier.issn0734-306Xen_HK
dc.identifier.urihttp://hdl.handle.net/10722/43533-
dc.description.abstractThis article presents a model of labor market adjustments as a sequential process of reallocation among various market and nonmarket sectors. Training costs introduce friction into the process, while fixed costs of working limit work sharing, resulting in unemployment. Adjustments in sectoral labor market variables to demand shocks can follow very different patterns, depending on relative demands and the expected duration of the shocks. In particular, a permanent boom in a sector may result in an initial increase in unemployment and reduction in working hours even as employment increases, reflecting contemporaneous substitution between the margins and intertemporal substitution in recruitment.en_HK
dc.format.extent1472072 bytes-
dc.format.extent26112 bytes-
dc.format.mimetypeapplication/pdf-
dc.format.mimetypeapplication/msword-
dc.languageengen_HK
dc.publisherUniversity of Chicago Press. The Journal's web site is located at http://www.journals.uchicago.edu/JOLEen_HK
dc.relation.ispartofJournal of Labor Economicsen_HK
dc.rightsCreative Commons: Attribution 3.0 Hong Kong License-
dc.rightsJournal of Labor Economics. Copyright © University of Chicago Press.en_HK
dc.subjectBusiness and economicsen_HK
dc.subjectLabor and industrial relationsen_HK
dc.titleIntersectoral mobility and short-run labor market adjustmentsen_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0734-306X&volume=14&issue=3&spage=454&epage=471&date=1996&atitle=Intersectoral+mobility+and+short-run+labor+market+adjustmentsen_HK
dc.identifier.emailChan, W: wchana@hku.hken_HK
dc.identifier.authorityChan, W=rp01049en_HK
dc.description.naturepublished_or_final_versionen_HK
dc.identifier.doi10.1086/209818en_HK
dc.identifier.scopuseid_2-s2.0-0030547677en_HK
dc.identifier.hkuros27147-
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-0030547677&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume14en_HK
dc.identifier.issue3en_HK
dc.identifier.spage454en_HK
dc.identifier.epage471en_HK
dc.identifier.isiWOS:A1996UX15000004-
dc.publisher.placeUnited Statesen_HK
dc.identifier.scopusauthoridChan, W=26631464400en_HK

Export via OAI-PMH Interface in XML Formats


OR


Export to Other Non-XML Formats